Video game sales on the rise as Xbox One, PS4 launches approach

The thriving video game industry has struggled in recent years to maintain the momentum it developed over the last decade, but according to a recent report from the NPD Group, August 2013 represents the first month for year-over-year growth in sales since October 2011. The report states that retail sales “grew a modest 1% over August 2012 as growth in software and accessories offset soft hardware sales as we near the launch of the Xbox One and PS4.” It is important to keep in mind that the NPD Group only directly accounts for physical retail sales, but when taking into account estimates of digital sales, paid downloadable content, and rentals, the research firm believes the total consumer spend for August



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